Florida Insurance Claims Adjuster License Practice Exam

What does peril refer to?

1. A guarantee of a fact

2. Physical harm to tangible property

3. Something that causes a loss

4. An untrue statement by the insured

The correct answer is: Something that causes a loss

Peril refers to something that causes a loss, such as a fire or theft. Option A is incorrect because a guarantee of a fact is not related to losses. Option B is incorrect because physical harm to tangible property is a type of peril, not the definition of peril itself. Option D is incorrect because an untrue statement by the insured is considered a misrepresentation, not a peril.